Retireful LLC Makes New Investment in Booking Holdings Inc. (NASDAQ:BKNG)

Retireful LLC bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 89 shares of the business services provider’s stock, valued at approximately $442,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Jamison Private Wealth Management Inc. purchased a new position in Booking in the 3rd quarter worth approximately $25,000. West Financial Advisors LLC acquired a new stake in shares of Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC lifted its position in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after buying an additional 4 shares in the last quarter. Fairscale Capital LLC acquired a new position in Booking during the second quarter worth $41,000. Finally, Carmichael Hill & Associates Inc. boosted its stake in Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after buying an additional 4 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Stock Up 0.7 %

Shares of Booking stock opened at $4,865.00 on Friday. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a 50 day moving average of $5,053.63 and a 200 day moving average of $4,367.09. The company has a market capitalization of $161.03 billion, a P/E ratio of 33.01, a P/E/G ratio of 1.60 and a beta of 1.41.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.72%. Booking’s payout ratio is currently 23.75%.

Analyst Ratings Changes

Several research firms have recently commented on BKNG. Piper Sandler lifted their price target on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. DA Davidson lifted their target price on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. UBS Group increased their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Royal Bank of Canada lifted their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, Benchmark reissued a “buy” rating and set a $4,600.00 target price on shares of Booking in a research note on Tuesday, October 29th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.